1. What is the significance of an authorized capital in the growth of a company? How can authorized capital be increased for a company? 2. What is the difference between authorized and paid-up...

1. What is the significance of an authorized capital in the growth of a company? How can authorized capital be increased for a company?

2. What is the difference between authorized and paid-up capitals?

3. Differentiate between Memorandum of Association and Articles of Association.

4. What are the roles and responsibilities of a Board of Directors?